If you believe you are in possession of a suspect counterfeit you are obliged to submit it to your local financial institution, the Gardaí, or the Central Bank’s National Analysis Centre (NAC) or Coin National Analysis Centre (CNAC). What to do if you Suspect you Have a Counterfeit Banknote or Coin? You could also compare the suspect note or coin with a known genuine specimen.Genuine 50 cent coins are non-magnetic.Most counterfeit €2 and €1 coins are either very magnetic, non-magnetic, or just the ring is magnetic due to the materials used.Using a magnet you should be able to lift the coin up, but with the weight of the coin and the slight magnetism you should be able to shake the coin off the magnet with ease.Genuine €2 and €1 coins are slightly magnetic.Some counterfeits bend, try bending the coin. Edge lettering missing, incorrect spelling or font (using similar country coin).Visual inspection (possibly with a magnifying glass).Īs compared with a known genuine coin, the suspect coin will have: To examine suspect coins the following techniques could be used: How do I Check if my Coin is a Counterfeit? The public security features of banknotes are fully described on the official ECB website Euro Banknotes Security Features.ĮS1 & ES2 € banknote security features can also be explored using the ECB’sĮ-learning tools "Knowledge of Banknotes" and Euro Cash Academy Training Material. The number also changes colour from emerald green to deep blue (Euro Series 2 notes only). The emerald number in the bottom left corner on the banknote’s front side displays an effect of the light that moves up and down.The opti-variable ink covering the numeral on the back of the higher denominations will change colour (Euro Series 1 notes only).The iridescent stripe on the back of the lower denominations will shine and fade (Euro Series 1 notes only).The holographic stripe or patch will change images and colours.See through number at the top left of the note (Euro Series 1 notes only).Perforations in the holographic foil showing the denomination, euro symbol and Europa portrait (Euro Series 2 notes only).Security thread down the centre of the note with perforations of denomination.Europa portrait (Euro Series 2 notes only).
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